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ADVANCED DRAINAGE SYSTEMS, INC. - WMS STOCK NEWS

Welcome to our dedicated page for ADVANCED DRAINAGE SYSTEMS news (Ticker: WMS), a resource for investors and traders seeking the latest updates and insights on ADVANCED DRAINAGE SYSTEMS stock.

Advanced Drainage Systems, Inc. (ADS), headquartered in Hilliard, Ohio, is a leading manufacturer specializing in high-performance thermoplastic corrugated pipe and comprehensive water management products. Established in 1966, ADS provides innovative drainage solutions that cater to a diverse range of markets, including residential, non-residential, agricultural, and infrastructure applications.

ADS has built a strong market presence by leveraging its extensive national sales and distribution network, diverse product range, and manufacturing excellence. With a global workforce of 3,700 employees, the company operates 57 manufacturing plants and 33 distribution centers, ensuring efficient production and distribution.

ADS became a publicly traded company on the NYSE® in July 2014, under the symbol WMS. The company's core business segments include Pipe, Infiltrator, International, and Allied Products and Other, with the Pipe segment generating the most revenue. ADS serves a wide array of industries such as agriculture, aviation, military, mining, residential, transportation, and healthcare.

Some recent achievements of ADS include strategic partnerships and continuous innovation in product development. The company is committed to sustainable growth and continually seeks to enhance its product offerings and operational capabilities. ADS's products are known for their quality and reliability, making them a preferred choice for effective water management solutions worldwide.

News

$500,000 of Stormwater Products Donated by Advanced Drainage Systems Installed at New Hilliard Community Center Site

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The City of Hilliard installs stormwater management system for new Recreation and Wellness Campus, receiving $500,000 of donated products from Advanced Drainage Systems, Inc. (ADS). The campus is a large capital investment and will include various facilities and outdoor space. ADS products will help protect the watershed that feeds Big Darby Creek.
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Advanced Drainage Systems Issues Fiscal 2023 Sustainability Report

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Advanced Drainage Systems, Inc. (ADS) issued its Fiscal 2023 Sustainability Report, showcasing its commitment to environmental leadership and progress towards sustainability goals.
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Ohio Environmental Protection Agency Names ADS "Gold" in 2023 Encouraging Environmental Excellence Awards

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ADS honored for water quality protection, recycling and commitment to innovation
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Advanced Drainage Systems Announces Quarterly Cash Dividend

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Advanced Drainage Systems, Inc. (NYSE: WMS) announces a 17% increase in quarterly cash dividend to $0.14 per share, reflecting strong financial performance and commitment to returning capital to shareholders.
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Advanced Drainage Systems Announces First Quarter Fiscal 2024 Results

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Advanced Drainage Systems, Inc. (NYSE: WMS) announced Q1 fiscal 2024 results, with net sales down 14.9% to $778.0 million, net income down 7.7% to $173.9 million, and adjusted EBITDA down 5.9% to $281.3 million. The company confirmed its financial targets for fiscal 2024, expecting net sales of $2.6-2.8 billion and adjusted EBITDA of $725-825 million.
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Advanced Drainage Systems to Announce First Quarter Fiscal Year 2024 Results on August 3, 2023

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Advanced Drainage Systems, Inc. (NYSE: WMS) announced the release of its unaudited financial results for the fiscal first quarter ended June 30, 2023, before the market opens on August 3, 2023. President and Chief Executive Officer, Scott Barbour, and Chief Financial Officer, Scott Cottrill will host a conference call and webcast on August 3, 2023, at 10:00 a.m. ET to discuss the results. Interested investors and other parties can listen to a webcast of the live conference call by logging in through the Investor Relations section of the Company's website. A live teleconference is also available for participation.
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Advanced Drainage Systems Honored for Work in Sustainability, Corporate Responsibility and Overall Business Operations

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Advanced Drainage Systems Identified as a Corporate Climate Leader

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Advanced Drainage Systems (ADS) has been recognized by USA TODAY for significantly reducing greenhouse gas emissions intensity. In its 2022 sustainability report, ADS reported a decrease in greenhouse gas emissions intensity by 31% and reduced energy intensity by 22% year-over-year. ADS was included in USA TODAY's list of America's Climate Leaders, which highlights companies that have cut their carbon footprint in recent years. By recycling over half a billion pounds of plastic annually, ADS has reduced its greenhouse gas emissions by over 770 million pounds.
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Advanced Drainage Systems Announces Increase in Quarterly Cash Dividend

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Advanced Drainage Systems (ADS) announces a 17% increase in its annual cash dividend to $0.56 per share. The company attributes the increase to its strong financial performance and commitment to returning capital to shareholders.
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Advanced Drainage Systems Announces Fourth Quarter and Fiscal Year 2023 Results

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FAQ

What is the current stock price of ADVANCED DRAINAGE SYSTEMS (WMS)?

The current stock price of ADVANCED DRAINAGE SYSTEMS (WMS) is $115.15 as of December 20, 2024.

What is the market cap of ADVANCED DRAINAGE SYSTEMS (WMS)?

The market cap of ADVANCED DRAINAGE SYSTEMS (WMS) is approximately 8.9B.

What does Advanced Drainage Systems, Inc. specialize in?

ADS specializes in high-performance thermoplastic corrugated pipes and comprehensive water management products.

When was Advanced Drainage Systems, Inc. founded?

ADS was founded in 1966.

Where is the headquarters of Advanced Drainage Systems, Inc. located?

The headquarters of ADS is located in Hilliard, Ohio.

When did Advanced Drainage Systems, Inc. become a public company?

ADS became a public company in July 2014 and is traded on the NYSE® under the symbol WMS.

How many employees does Advanced Drainage Systems, Inc. have?

ADS employs approximately 3,700 people globally.

What are the main business segments of ADS?

The main business segments of ADS include Pipe, Infiltrator, International, and Allied Products and Other.

Which segment generates the most revenue for ADS?

The Pipe segment generates the most revenue for ADS.

What industries does ADS serve?

ADS serves various industries including agriculture, aviation, military, mining, residential, transportation, and healthcare.

How many manufacturing plants and distribution centers does ADS operate?

ADS operates 57 manufacturing plants and 33 distribution centers globally.

What are some recent achievements of ADS?

Recent achievements of ADS include strategic partnerships and continuous innovation in product development.

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ADVANCED DRAINAGE SYSTEMS, INC.

NYSE:WMS

WMS Rankings

#913 Ranked by Market Cap
#1995 Ranked by Dividends

WMS Stock Data

8.95B
70.36M
8.99%
88.78%
2.23%
Building Products & Equipment
Plastics Foam Products
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United States of America
HILLIARD